|  Clifton Linton

CSX Corp. Names E. Hunter Harrison as CEO

CSX Corp., on Monday, announced E. Hunter Harrison was named the company’s chief executive officer effective immediately.

Harrison replaces Michael Ward, the outgoing chairman and CEO. Ward announced his plans to retire on Feb. 21. He will become a consultant to the company, immediately. CSX’s current presiding director, Edward J. Kelly, III, will become chairman of the board and Paul Hilal will become vice chairman.

A company statement said: CSX also has reached an agreement with Mantle Ridge LP, an investment firm formed by Paul Hilal, to reconstitute the company’s bo...

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